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Qatar Re’s chief underwriting officer Alastair Speare-Cole, an early supporter of the reinsurer who later became one of its key executives, has resigned. He is to be replaced by his deputies Luke Roden and Michael van der Straaten. Gunther Saacke, ch...

Hamilton Re, the Bermuda-based operations of Hamilton Insurance Group, today announced the launch of a contest for Bermuda high school students in support of Insurance Careers Month, the global initiative aimed at attracting young people to the insur...

Argo Group has reported a dip in profits for the fourth quarter and the full year. The Bermudian-based company’s net income for the quarter was $32.9 million, or $1.07 per common share, compared with $41.2 million for the same period in 2015. For the...

New cybersecurity regulations for financial institutions in New York have the potential to raise losses for insurers. That is the warning from Fitch Ratings ahead of the New York Department of Financial Service’s new rules, which become effective on ...

The Association of Bermuda Insurers and Reinsurers has appointed RenaissanceRe lawyer Stephen Weinstein as head of its policy committee. Leila Madeiros, senior vice-president, deputy director and corporate secretary of Abir, said: “Steve has been a d...

Bermuda industry experts will hit Chicago and Boston next month in a bid to drum up captive insurance business. The executive forum on Bermuda captive insurance solutions will will visit Chicago on Tuesday, March 7 and Boston on Thursday, March 9 to ...

Bermuda welcomed 13 new captive insurance companies in 2016, the island’s financial regulator announced today. The Bermuda Monetary Authority said most of the new operations originated in the US, but two of them hailed from South and Central America....

Aspen Insurance Holdings Ltd made an operating loss of $7.4 million, or 34 cents per share, in the fourth quarter, partly as a result of a repositioning of its insurance segment. For the year, the Bermudian-based re/insurer’s net income was $203.4 m...

Young Bermudians who want to storm the ramparts of island international business should start their campaign overseas, a top reinsurance lawyer said yesterday. David Amaro, assistant vice-president and associate legal counsel at reinsurance firm Hami...

Everest Re Group Ltd last reported fourth-quarter net income of $373.6 million and comfortably surpassed analysts’ expectations. On a per-share basis, the Bermudian reinsurer said it had profit of $9.08. Earnings, adjusted for investment gains, came ...

A new firm chaired by Bermuda insurance industry veteran Brian Duperreault aims to streamline the insurance process for small businesses has picked a chief executive officer. And Attune — the creation of AIG, Mr Duperreault’s Hamilton Insurance Group...

White Mountains Insurance Group reported a $33 million loss in the fourth quarter, compared with a profit of $268 million in the same period in 2015. However, the Bermudian-based financial services holding company made a profit of $413 million for th...